Take our 30+ year heritage in tax incentive and innovation management, add the combined academic and industry credentials of our in-house experts & advisers, and you arrive at a wealth of knowledge, which we're happy to share with you here. Shed a little light on the world of innovation funding...
HMRC has a responsibility to ensure that individuals and businesses are paying the correct amount of tax and claim the correct amount of tax benefits, and this applies to R&D tax claims too.
"To innovate is easy. The difficulty is to transform an innovation into real business." This quote from Michael Dell, founder of Dell, sums up the biggest challenge facing innovators in the 21st century. In a context of globalized competition, digital revolution and accelerated product life cycles, innovation is no longer an option but a pre-requisite to remaining competitive.
More and more companies are discovering that with a little help from schemes such as Knowledge Transfer Partnerships (KTP) and R&D tax relief, they can realise the full potential of R&D opportunities to create innovative products and services that will help their business grow.